# CHER Ground

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cher-ground

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: http://www.cherground.com
- Total disclosed funding: $2.7M
- Latest round: Series A (Apr 26, 2021)
- Investors on record: 3

## About

Based in Seoul, South Korea, and founded in 2019, ShareGround Inc., doing business as CHER Ground, provides a platform to the online fashion market that helps all the retailers and wholesalers manage all the transactions like logistics, finance, and delivery. In April 2021, CHER Ground Co., Ltd. raised KRW 3 billion in series A funding from investors TBT Partners, Union Investment Partners, and Samsung Venture Investment.

The company provides sell-up platforms that boost efficiency and convenience based on the business features of wholesale, retail, and middlemen. The sell-up buying software allows users to send bulk orders to any wholesaler and process business without using paper order books.  The retail app has features for order entry, order history and settlement, VAT administration, and confirmation of wholesale products. In addition, the wholesale app offers order management, store and retailer information management, and product uploading features to retailers and tenants.

## Funding rounds

- Series A, Apr 26, 2021, $2.7M — Samsung Venture Investment, Union Investment Partners, TBT Partners

## Investors

- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series A
- Union Investment Partners (https://capitalatlas.ai/funds/union-investment-partners) — Series A
- TBT Partners (https://capitalatlas.ai/funds/tbt-partners) — Series A
